NewJersey Resources (NJR)
(Real Time Quote from BATS)
$45.91 USD
-0.12 (-0.26%)
Updated Sep 9, 2024 09:58 AM ET
2-Buy of 5 2
C Value F Growth F Momentum F VGM
New Jersey Resources (NJR) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$47.20 | $55.00 | $43.00 | 2.54% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for New Jersey Resources comes to $47.20. The forecasts range from a low of $43.00 to a high of $55.00. The average price target represents an increase of 2.54% from the last closing price of $46.03.
Analyst Price Targets (5 )
Broker Rating
New Jersey Resources currently has an average brokerage recommendation (ABR) of 2.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by six brokerage firms. The current ABR compares to an ABR of 2.33 a month ago based on six recommendations.
Of the six recommendations deriving the current ABR, two are Strong Buy, representing 33.33% of all recommendations. A month ago, Strong Buy represented 33.33%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/NJR.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.33 | 2.33 | 2.33 | 2.33 | 2.33 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
6/10/2024 | Argus Research Corp. | Kristina Ruggeri | Not Available | Strong Buy |
5/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/1/2024 | Guggenheim Securities | Shahriar Pourreza | Hold | Hold |
2/6/2024 | Wells Fargo Securities | Sarah E Akers | Hold | Hold |
11/20/2023 | Mizuho SecuritiesUSA | Gabriel Moreen | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.33 |
ABR (Last week) | 2.33 |
# of Recs in ABR | 6 |
Average Target Price | $47.20 |
LT Growth Rate | NA |
Industry | Utility - Gas Distribution |
Industry Rank by ABR | 55 of 253 |
Current Quarter EPS Est: | 0.89 |
NJR FAQs
NewJersey Resources Corporation (NJR) currently has an average brokerage recommendation (ABR) of 2.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 6 brokerage firms.
The average price target for NewJersey Resources Corporation (NJR) is $47.20. The current on short-term price targets is based on 2 reports.
The forecasts for NewJersey Resources Corporation (NJR) range from a low of $43 to a high of $55. The average price target represents a increase of $2.54 from the last closing price of $46.03.
The current UPSIDE for NewJersey Resources Corporation (NJR) is 2.54%
Based on short-term price targets offered by five analysts, the average price target for New Jersey Resources comes to $47.20. The forecasts range from a low of $43.00 to a high of $55.00. The average price target represents an increase of 2.54% from the last closing price of $46.03.